Show of confidence: 5 stks saw highest promoter buying in 30 days

Promoters are individuals who either have founded the firm or are important for the growth of the particular company. Higher promoter holding generally indicates the promoter’s confidence and stability in the company. Here are stocks wherein the promoters increased their stake in the last one month. (Source: NSE, YES Securities; Note: Data is for the […]

Stock Screener: 14 multibagger stocks with consistently high profit margins

An analysis of all BSE-listed companies with a market capitalisation of at least Rs 1,000 crore shows that there are at least 70 companies which reported PAT (profit after tax) margin of at least 25% in all the last four quarters. Out of them, we have filtered out 14 stocks that have given multibagger returns […]

Pakistani rupee: Asia’s worst-performing currency heads for another tough year

The currency has fallen about 20% against the dollar this year and analysts say its troubles are far from over. BMI expects the currency will weaken to 350 rupees per dollar by the end of next year, while Karachi-based brokerage Topline Securities Ltd. sees it depreciating to 324 rupees per dollar. It closed at 285.64 […]